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https://medium.com/gromorg/wanted-global-brands-ready-to-take-consumer-loyalty-to-the-next-level-132782ad4319
https://medium.com/gromorg/wanted-global-brands-ready-to-take-consumer-loyalty-to-the-next-level-132782ad4319
Medium
Wanted: Global Brands Ready to Take Consumer Loyalty to the Next Level
TL;DR Very soon, consumers will be able to swap tokenized loyalty points and rewards of major brands in a single tap.
Last night Minter Network has delivered 7 262 785 transactions, 99% of which in less than a 5-seconds block. Some blocks handled over 6000 recipients at once – over 1000 per second on a public blockchain!
Minter is ready for a mass-adoption use cases, focusing on the loyalty points and rewards markets.
Minter is ready for a mass-adoption use cases, focusing on the loyalty points and rewards markets.
Minter 2 is a global decentralized liquidity pool, a.k.a. the Internet of Money. It represents major cryptocurrencies, service tokens, community coins, and loyalty points.
Forwarded from Minter Dev Notifications
🚀 First Cross-Chain Transfers on Minter Mainnet!
Yesterday, as part of Minter Hub testing, the first transfers were sent from Minter to Ethereum and the other way around. It was the first step to launching a full-fledged Internet of Money that will allow to buy and sell any digital asset right within BIP Wallet. It will also let you create coins and loyalty points—traded against USDT, BTC, ETH, BIP, and any other asset by default—in minutes. Sending any mirrored coin (USDT, wBTC, wETH) will take minimum fees and a confirmation time of about five seconds.
Ethereum -> Minter:
1. Send
2. Receive
Minter -> Ethereum:
1. Send
2. Receive
With Minter Hub, you’ll be able to transfer literally any coin from Ethereum to Minter. They are: the ETH itself, stablecoins (USDT, USDC, …), wrapped BTC, tokenized assets (shares of companies, etc.), DeFi coins, and others. Minter Hub validators will get 1% on the fees charged for moving coins from Minter to Ethereum and vice versa.
When running tests, we used the LASHIN coin, for which we issued an ERC-20 token on Ethereum. This clearly shows that mirroring can be done on either of the networks. Transfer of LASHIN and CHAIN from Minter to Ethereum and the other way around will be available to everyone once the UI development is finished. For these coins, the pairs will be launched on the Uniswap protocol, meaning anyone will be able to exchange them for USDT in a completely decentralized way.
For making these transfers happen, Minter Hub validators got 1% of the fees. The fee for sending transactions to Ethereum will be paid by the user separately (this functionality is underway).
A few technicalities
Minter Hub is based on Cosmos SDK and a modified Peggy solution that’s developed by the Cosmos team.
Minter Hub is supported by validators, here’s what they launch on their servers:
- Minter node
- Ethereum node
- Minter Hub node
- Ethereum Orchestrator, software that monitors the events on the Ethereum network and broadcasts them onto Minter Hub. It’s also responsible for sending withdrawal transactions to Ethereum.
- Minter Orchestrator, software that monitors the events on the Minter network and broadcasts them onto Minter Hub. It’s also responsible for sending withdrawal transactions to Minter.
Mirrored coins are locked on the MultiSig accounts of Minter Hub validators up until they are requested to be withdrawn.
Why is this one of the most important milestones in Minter’s history?
1. Minter becomes the easiest way to enter the crypto space. Fast and cheap transfers for most digital assets, interfaces that are easy to understand.
2. The bigger number of transactions and bigger gains for validators and delegators. With the arrival of Minter 2.0, the fees will be adjusted to the market, meaning that returns from the fees might surpass those from generating new blocks.
3. BIP holders get an opportunity to benefit from the exchange operations inside Minter carried out via the Uniswap protocol.
4. HUB holders get 1% on the fees charged for transferring coins from Ethereum to Minter and vice versa.
5. Last but not least: all Minter-powered coins become exchangeable with USDT, ETH, BTC, and other digital assets. All that in five seconds and at super-low fees.
Yesterday, as part of Minter Hub testing, the first transfers were sent from Minter to Ethereum and the other way around. It was the first step to launching a full-fledged Internet of Money that will allow to buy and sell any digital asset right within BIP Wallet. It will also let you create coins and loyalty points—traded against USDT, BTC, ETH, BIP, and any other asset by default—in minutes. Sending any mirrored coin (USDT, wBTC, wETH) will take minimum fees and a confirmation time of about five seconds.
Ethereum -> Minter:
1. Send
2. Receive
Minter -> Ethereum:
1. Send
2. Receive
With Minter Hub, you’ll be able to transfer literally any coin from Ethereum to Minter. They are: the ETH itself, stablecoins (USDT, USDC, …), wrapped BTC, tokenized assets (shares of companies, etc.), DeFi coins, and others. Minter Hub validators will get 1% on the fees charged for moving coins from Minter to Ethereum and vice versa.
When running tests, we used the LASHIN coin, for which we issued an ERC-20 token on Ethereum. This clearly shows that mirroring can be done on either of the networks. Transfer of LASHIN and CHAIN from Minter to Ethereum and the other way around will be available to everyone once the UI development is finished. For these coins, the pairs will be launched on the Uniswap protocol, meaning anyone will be able to exchange them for USDT in a completely decentralized way.
For making these transfers happen, Minter Hub validators got 1% of the fees. The fee for sending transactions to Ethereum will be paid by the user separately (this functionality is underway).
A few technicalities
Minter Hub is based on Cosmos SDK and a modified Peggy solution that’s developed by the Cosmos team.
Minter Hub is supported by validators, here’s what they launch on their servers:
- Minter node
- Ethereum node
- Minter Hub node
- Ethereum Orchestrator, software that monitors the events on the Ethereum network and broadcasts them onto Minter Hub. It’s also responsible for sending withdrawal transactions to Ethereum.
- Minter Orchestrator, software that monitors the events on the Minter network and broadcasts them onto Minter Hub. It’s also responsible for sending withdrawal transactions to Minter.
Mirrored coins are locked on the MultiSig accounts of Minter Hub validators up until they are requested to be withdrawn.
Why is this one of the most important milestones in Minter’s history?
1. Minter becomes the easiest way to enter the crypto space. Fast and cheap transfers for most digital assets, interfaces that are easy to understand.
2. The bigger number of transactions and bigger gains for validators and delegators. With the arrival of Minter 2.0, the fees will be adjusted to the market, meaning that returns from the fees might surpass those from generating new blocks.
3. BIP holders get an opportunity to benefit from the exchange operations inside Minter carried out via the Uniswap protocol.
4. HUB holders get 1% on the fees charged for transferring coins from Ethereum to Minter and vice versa.
5. Last but not least: all Minter-powered coins become exchangeable with USDT, ETH, BTC, and other digital assets. All that in five seconds and at super-low fees.
Pinpon, a Minter-powered promo campaign platform, lets anyone in minutes create very engaging interactions. Here is an example from @DeCenterOrg – https://www.pinpon.io/a/AHGLWxz?ref=r
Forwarded from DeCenter – Blockchain and Bitcoin
Yesterday, CZ bought a year of premium Pornhub subscription with Binance’s BNB token.
What do you think about paying for services where you may want to remain anonymous, to put it mildly?
👉 Take a quick poll and win prizes! >>
What do you think about paying for services where you may want to remain anonymous, to put it mildly?
👉 Take a quick poll and win prizes! >>
HUB is now listed in the best DeFi-bot – https://t.me/tebot?start=897796
Telegram
The Exchange
All the DeFi services in one bot.
Our lead developer Daniil Lashin was awarded by Cosmos for fixing major issue that could possibly stop many blockchains https://twitter.com/danillashin/status/1362460415800848396?s=21
Twitter
Daniil Lashin
Yay, I was awarded by @cosmos a $1,500 bounty on @Hacker0x01! hackerone.com/danil-lashin
Minter is coming with the on-chain automated market maker with order book!
https://youtu.be/CnZ9I4eFeOk
https://youtu.be/CnZ9I4eFeOk
YouTube
AMMOB — On-Chain AMM with Order Book
Minter 2 will revolutionize the DeFi protocols with its On-Chain Automated Market Maker with Order Book (AMMOB).
Read more at https://www.minter.network/2
Traders will be able to create fixed-price orders in the AMM liquidity pools without having to give…
Read more at https://www.minter.network/2
Traders will be able to create fixed-price orders in the AMM liquidity pools without having to give…
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